Guar gum prices slip on rains as sowing improves in IndiaDespite delayed rainfall, the sown area under guar is likely to remain lower than before.
Guar prices to rise on concerns over monsoon, lower carryover stocksHowever, normal progress of monsoon and weak rupee may pressurise guar seed prices.
Guar crop not ‘promising’, acreage likely to decreaseThe total area under guar crop is 35 lakh hectares.
Water scarcity, US demand for shale raise guar seed pricesIndia is a leading exporter of guar gum, commanding about 80 per cent of global production, followed by Pakistan.
Guar prices jumps 10% in one monthIn futures market, guar seed prices have moved higher by more than Rs 300 per quintal.
5% GST worries guar industryThe tax on guar meal will make it less competitive.
Guar farmers cheer oil rig rise in North AmericaRise in oil rig count in N America has pushed up guar seed and guar gum prices in past 3 months; crude price rise is also boosting the dema...
North America puts its drilling projects on hold, guar slipsGuar prices plunged to seven-year lows as demand waned from the North American-oil drilling industry, which is putting projects on hold ami...
Guar gum industry faces heat as US shale companies cut importsIndia’s guar gum industry is facing the heat as North America’s oil and drilling sector has reduced offtake of the commodity by almost half.
Guar gum demand brings back cheer after 2 yearsAfter a gap of two years, guar gum demand from the food sector has brought back cheer to the domestic guar gum industry.
Guar gum exports halve on low demand by oil companiesFarmers prefer guar cultivation as it offers better returns than cotton & soya despite price swings
- Ace re-launches futures trading in guar seed, guar gum
Ace Derivatives and Commodity Exchange Ltd (Ace) announced commencement of futures trading in guar seed and guar gum effective from today.
Futures trading in guar gum resumesFutures trading in guar gum resumed more than a year after the controversial contract’s spectacular rise prompted the regulator to forbid t...
- MCX, NCDEX restart futures trading in guar seed, gum
MCX and NCDEX today restarted futures trading in guar seed and guar gum contracts with the commodity markets regulator Forward Markets Comm...
- Guar seed, gum prices rise on relisting buzz; confidence soars
Guar prices are inching up following speculation that the commodity would be relisted on the futures market.
- Sudden crash in guar gum prices worries its cultivators
The price of guar gum, grown in arid Rajasthan and used internationally to prise out natural gas from shale rock, has crashed from a peak o...
- FMC may decide on re-listing guar futures by mid-August
Forward Markets Commission (FMC) today said it will take decision on re-listing of the banned guar futures by mid-August after assessing th...